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password storage question

Being new to this site, I am not sure if this is the right place to ask this question. So as not to get dumped on for starting a new thread, I thought I would ask here since this is a thread related to my question.

Here goes:

I share a computer with other people, this is a home PC. I am wondering if any passwords from sites that I have visited requiring passwords are stored somewhere in the memory or files and folders. If so, where are they stored and how can I delete them. I am running Windows XP. (example, this site requires a password to log on, when I type it in is it stored somewhere? Even temporarily?)